Banks' real estate exposure climbs

By Mayvelin U. Caraballo

Mar 23, 2022 12:26 am

PHILIPPINE banks' exposure to the real estate sector had climbed by 9.30 percent year on year as of the end of 2021, with loans accounting for the bulk.

According to the most recent Bangko Sentral ng Pilipinas (BSP) data, banks and trust departments' real estate exposure increased to P2.86 trillion as of end-December 2021 from P2.62 trillion the previous year.

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